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Interconnector decision delayed another day
Cabinet’s final decision over the regulatory framework of the leg of the Great Sea Interconnector project which runs between Crete and Cyprus was delayed for another day on Wednesday, ...
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Urgent search for electricity interconnector solution
The government is in talks with a number of stakeholders over the Great Sea Interconnector project, with a key aim of ensuring reduced electricity prices to the public, President Nikos ...
Cyprus ‘has not seen’ financing plan for interconnector
Cyprus’ authorities “have not seen” the financing plan for the Great Sea Interconnector project, the finance ministry’s permanent secretary George Panteli said on Wednesday.
Speaking at an extraordinary meeting ...
Decisions on connecting Cyprus power to Greece due in next few weeks
Decisions regarding the mooted electricity connection between Cyprus and Greece need to be taken sometime in the next few weeks, Energy Minister George Papanastasiou stressed on Tuesday.
He was referring ...
Who is responsible for high electricity prices?
This week saw the Electricity Authority of Cyprus and private energy producers trading barbs over who is gouging consumers and who’s responsible for the high electricity prices. So what’...
Generator fuel to arrive in north as power station repairs continue
A shipment of 12,000 tonnes of diesel is expected to arrive in the north on Wednesday to power the Teknecik power station, as repair work continues on its broken and dysfunctional ...
‘Damage is inevitable’ to electricity grid
“Damage is inevitable” to Cyprus’ electricity grid with the related power cuts a foreseeable consequence during times of heightened consumption, transmission system operator (TSO) spokeswoman Chara Kousiappa said on Friday.
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‘Too many unknowns’ in Cyprus’ flagship push for cheaper electricity
As the debate heats up over the Great Sea Interconnector, with the government poised to decide in about three months on whether to become an equity investor, questions still hang ...
OEV throws weight behind subsea electricity cable
The Employers and Industrialists Federation (OEV) have weighed in on the proposed subsea electricity cable linking the Cypriot grid to Greece, calling the project an opportunity not to be missed.
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Fears cost-benefit analysis of Great Sea Interconnector lacks evidence
Without transparency and proper financial analysis, the Great Sea Interconnector risks turning into a bane for Cypriot consumers, the House commerce committee chairman said on Wednesday.
Disy MP Kyriacos Hadjiyiannis, ...
Not burdening Cypriot consumers muddies waters of Great Sea Interconnector
Cyprus’ decision on investing in the Great Sea Interconnector project will hinder whether the cost-benefit analysis is approved, it was reported on Wednesday.
Speaking to CyBC in the morning, Energy ...
High demand in electricity covered
Electricity supply is expected to run smoothly, despite the high demand due to hot weather.
Cyprus’ transmission system spokeswoman Chara Kousiappa said demand on Thursday was estimated to peak at 1,150...
Electricity demand on Friday ‘higher than previous day’
Electricity demand on Friday is expected to be higher than the previous day due to the unusual heatwave, Cyprus’ transmission system spokeswoman Chara Kousiappa said on Friday.
Maximum demand is ...
EAC approves €45 million in upgrade works
Cyprus’ Electricity of Authority (EAC) has approved works that will cost €45 million, it was reported on Wednesday.
According to the head of the authority George Petrou, the EAC board of ...
Cost-benefits of electricity cable expected by end of month
The first results of the cost-benefit study requested by the energy ministry for the Greece-Cyprus Great Sea Interconnector electricity project are anticipated to be unveiled by the end of May, ...
No cost to Cypriots until Great Sea Connector is operational
Cypriot consumers should not pay anything for the Great Sea Interconnector until the project is up and running, the energy minister asserted on Monday.
“It’s a matter of principle,” ...
Great Sea Interconnector will offer ‘triple energy benefits’
The Great Sea Interconnector project will offer triple benefits to Cyprus, with better energy security, a ‘green mix’ of power generation and cheaper energy for all consumers, the Greek Independent ...
Meeting on Great Sea Interconnector
The management of Greece’s Independent Power Transmission Operator (Admie) will be in Cyprus on Tuesday to hold talks with representatives of the energy ministers of Cyprus and Israel.
They ...
Unions raise alarm over north airport electrical explosions
Trade unions on Thursday raised the alarm over two small electrical explosions occurring at the north’s Ercan (Tymbou) airport in recent weeks.
On March 13 a worker from a subcontracted ...
Chinese-led group to visit Vasiliko over stalled LNG plant
High-level officials from the Chinese-led consortium responsible for constructing the liquefied natural gas (LNG) terminal at Vasiliko are expected to visit within the week, according to Energy Minister George Papanastasiou.
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Electricity and fuel subsidies extended into spring (Updated)
Government subsidies on electricity and fuel tax will be extended into the spring, President Nikos Christodoulides said on Wednesday.
The extensions to the subsidies were announced among a raft of ...
From catastrophe to salvation for Cyprus electricity users
Leaving aside the issues of how the doomed LNG project was awarded, the key issue is to recover and complete it
Much has been said and written about the debacle ...
Brief power cut being handled, EAC says
A brief power cut affected a large number of areas across the country on Saturday afternoon.
Electricity authority spokeswoman Christina Papadopoulou told the Cyprus News Agency the outage was caused ...
Energy minister hopeful over energy bill prices
Energy Minister George Papanastasiou was cautiously optimistic on Wednesday that a hike in electricity bill prices may be averted, however, he said the final decision would be taken by the ...